Show r F Earnings I 4 4 YORK ORK April 14 U AP The API-The The American Ameri Amort can Telephone Telephone- le and Telegraph e company t the worlds world's l largest It LanU public utility earned d 26 cents a share shue- in excess S of its lis 1325 quarterly QI dividend n in the he e fIrst quarter this year a Net for or nt the quarter t subject J ls t to minor IDor chan changes u when final figures for Jor March Much are available l amounted to equal to SZ 2 2 31 l A share on shares shutS standing outstanding al Ar t the gf period JI This compares corn com m pores pares with net of cr or ashare ft a share on 1 13 average shares outstanding outstanding out out- standing n in the tle Oi first t quarter of 1830 1930 Walter alter S. S Gifford president said the nu number i or of t stockholder to IJ ft had eJI Increased s 12 since Ince- the first of the year and now total During the first quarter Mr Gilford laid isid there was a net loss for lor th the Bell system of telephones or one fourth of 1 r per ocr er cent of tho those thoe e in service In January Janu Janu- liT ary 7 the loss Iou was In Irs February There was a net gain of about 2300 2500 telephone telephones telephones tele tele- phones phone in March Total revenues of the system antem from ex exchange ex cx- change and toll 11 business I fr or the b first quarter J were about 1 per cent i ss than for the first three three- months of 1930 but were ere substantially sub sub- sl t larger than h for any previous J Jon year fel fg Approximately 1105 o was expended on plant additions betterments and anti improvement im tm im- im provement during the quarter a against In the s same me period last year eGr Otis Oil Elevator company for Cor th the quarter ended March 31 tl had net neL Income Income- of ot l equal to 68 8 cents n a share on the common cornmon corn com mon n et stock t against r t H or 83 cents centa ri a ashare ashare share in the like quarter last year ear NEW flEW YORK April 14 11 AP The AP-The The balance aU after r all charges Including depreciation for lor dividends of ot the Interns Interns- Paper and Power Poe company for 1930 we wal Wa 24 compared with tot for J. J making the company one ont of or the the- very levi few to show an Increase o In earnings last year The 1930 earnings are are- equivalent to 1468 a 1 share on the 7 per cent preferred stock compared compud with 1111 a B share in 1929 1923 Consolidated before depreciation lion tion of 63 compared with Uh for 1929 1029 The Th Increase a e In th the amount available avail nJ able able- c for dividends divIdend resulted from fron n a reduction reduce lIon tion n Ii the rate rat charged d for depreciation Consolidated net Income for lor th the o fourth J h quarter was 05 against In 1929 1927 Th The expected growth In earnings n from the J co company's a Canadian power properties r w was realized and the anticipated Increase In 11 ef efficiency d. d ncy of ot paper r mill mm operations was cur aur- pal 4 tho annual report says cars |